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$0.07onJun 7, 2020

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#Bytom

Overview of Bytom

Bytom was introduced in 8 August 2017 with Chang Jia as its founder. Bytom is an interactive protocol of multiple byte assets. Bytom allows you to transform physical assets (warrants, securities, dividends, bonds, intelligence information, forecasting information, etc.) into tokens where, they can be exchanged more easily, gambled or even more advanced stuff like smart contract based operations. In Bytom’s design, there is a protocol which allows communication between different assets. BUTXO can verify transaction in parallel making it much faster than anticipated. Bytom uses proof of work to create new coins with SHA256 hashing which is friendly to AI ASIC-chips. It can process 80 transactions per second.